Seoul: TKG Huchems Co. on Wednesday reported its fourth-quarter net loss of 1.1 billion won (US$771,507), swinging from a profit of 7.7 billion won a year earlier.

According to Yonhap News Agency, the company disclosed in a regulatory filing that it posted 4.6 billion won in operating profit for the quarter, down from 8.2 billion won the previous year. Additionally, sales saw a decline of 11.4 percent, totaling 276.5 billion won.